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Economist Chu Gaming: Money can certainly boost consumption, but it has to address the population ' s consumption expectations

On 3 September, according to every passing, and in recent days, prominent economist Jo Jiamin stated during an interview that, of course, the payment of money would boost consumption, but would address the consumption expectations of the population. In response to the question that more people might prefer to save their money instead of consuming it, Chu Gamin indicated that socio-economic problems were normal. "I'm not as pessimistic about consumption as many people." The dominant consumption pattern in developed countries is consumption earlier, or even “food for food”. Now, “after 00” consumes the future through credit cards and so on. Consumption tomorrow, must be repaid. It's not all tomorrow's consumption, it's a modest consumption. Why do people not want to consume tomorrow? Because his expectations are wrong. The Government must therefore seriously address the population ' s consumption expectations. The solution to the issue of expectations is to address the issue of the future confidence of the population, and to resolve the issue of future confidence is to address the issue of basic safeguards。

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